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Neway Valve (Suzhou) SHSE:603699 Stock Report

Last Price

CN¥17.20

Market Cap

CN¥13.1b

7D

0%

1Y

31.4%

Updated

17 Apr, 2024

Data

Company Financials +

Neway Valve (Suzhou) Co., Ltd.

SHSE:603699 Stock Report

Market Cap: CN¥13.1b

603699 Stock Overview

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, sells, and services industrial valves in the People’s Republic of China and internationally.

603699 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends5/6

Neway Valve (Suzhou) Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neway Valve (Suzhou)
Historical stock prices
Current Share PriceCN¥17.20
52 Week HighCN¥18.20
52 Week LowCN¥11.25
Beta0.70
1 Month Change1.42%
3 Month Change19.86%
1 Year Change31.40%
3 Year Change24.28%
5 Year Change30.20%
Change since IPO-32.12%

Recent News & Updates

Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 16
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Mar 26
Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Feb 29
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Recent updates

Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 16
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Mar 26
Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive

Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Feb 29
Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Feb 28
Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?

Shareholder Returns

603699CN MachineryCN Market
7D0%1.1%-0.2%
1Y31.4%-8.6%-17.8%

Return vs Industry: 603699 exceeded the CN Machinery industry which returned -14.1% over the past year.

Return vs Market: 603699 exceeded the CN Market which returned -21.1% over the past year.

Price Volatility

Is 603699's price volatile compared to industry and market?
603699 volatility
603699 Average Weekly Movement6.8%
Machinery Industry Average Movement9.7%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 603699's share price has been volatile over the past 3 months.

Volatility Over Time: 603699's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19973,550Liangfeng Luwww.newayvalve.com

Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, sells, and services industrial valves in the People’s Republic of China and internationally. The company provides gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, DBB compact manifold, and other type ball valve; and butterfly valves comprising concentric, double offset, and triple offset butterfly valves. It also offers cryogenic valves, including cryogenic gate, cryogenic globe, cryogenic check, cryogenic ball, cryogenic offset butterfly, and cryogenic control valves; on-off valves, such as electric, pneumatic, hydraulic, electro-hydraulic, and pneumatic-hydraulic valves; and power plant valve comprising nuclear and conventional power plant valves.

Neway Valve (Suzhou) Co., Ltd. Fundamentals Summary

How do Neway Valve (Suzhou)'s earnings and revenue compare to its market cap?
603699 fundamental statistics
Market capCN¥13.08b
Earnings (TTM)CN¥721.80m
Revenue (TTM)CN¥5.54b

18.1x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603699 income statement (TTM)
RevenueCN¥5.54b
Cost of RevenueCN¥3.84b
Gross ProfitCN¥1.71b
Other ExpensesCN¥987.31m
EarningsCN¥721.80m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)0.95
Gross Margin30.83%
Net Profit Margin13.02%
Debt/Equity Ratio29.7%

How did 603699 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

54%

Payout Ratio
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